Gerdau (GGB) Tax Rate (2009 - 2026)

Gerdau (GGB) reported Tax Rate of 33.04% for Q1 2026, down 334.0% on a YoY basis from 14.12% in Q1 2025, and up 81.7% quarter-over-quarter from 180.54% in Q4 2025.

Gerdau (GGB) Tax Rate (2009 - 2026) Analysis & Trends

Gerdau has reported Tax Rate for 18 years, with the latest figure at 33.04% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 334.0% year-over-year to 33.04%; the trailing twelve-month figure through Mar 2026 stood at 31.82% (up 1543.0% YoY), and the FY2025 full-year result was 43.81%, up 2799.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 33.04%, up from 180.54% in the prior quarter.
  • The five-year high for Tax Rate was 471.7% in Q4 2023, with the low at 180.54% in Q4 2025.
  • Historically, Tax Rate has averaged 50.63% across 5 years, with a median of 23.14% in 2022.
  • Annual changes were most pronounced in 2022 — Tax Rate surged 239040 bps — and 2025, when it plunged 64175 bps.
  • Gerdau's Tax Rate stood at 402.13% in 2022, then advanced by 17 bps to 471.7% in 2023, then declined by 2 bps to 461.21% in 2024, then plunged by 139 bps to 180.54% in 2025, then surged by 82 bps to 33.04% in 2026.
  • The last three Tax Rate figures came in at 33.04% (Q1 2026), 180.54% (Q4 2025), and 24.1% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn -
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 20.62%
3 ArcelorMittal 51.15 Bn 48.81 Bn - -18.06%
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 22.04%
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 24.01%
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn 26.38%
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 -
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn -
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 24.48%
10 Gerdau 21.17 Mn -1.11 Bn 435.85 Mn -33.04%

Historic Data

Download Data
DateValue
Mar 31, 2026 -33.04%
Mar 31, 2026 -33.04%
Dec 31, 2025 -180.54%
Dec 31, 2025 -180.54%
Sep 30, 2025 -24.10%
Sep 30, 2025 -24.10%
Jun 30, 2025 -24.87%
Jun 30, 2025 -24.87%
Mar 31, 2025 -29.70%
Mar 31, 2025 -29.70%
Dec 31, 2024 461.21%
Dec 31, 2024 461.21%
Sep 30, 2024 -24.60%
Sep 30, 2024 -24.60%
Jun 30, 2024 -15.23%
Jun 30, 2024 -15.23%
Mar 31, 2024 -9.83%
Mar 31, 2024 -9.83%
Dec 31, 2023 471.70%
Dec 31, 2023 471.70%